The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
5,000 jobs Number of planned job losses
Announcement Date
28 October 2008
Employment effect (start)
1 January 2009
Foreseen end date
Description
Whirlpool, the world’s leading manufacturer of home appliances, is to cut 5,000 jobs. The majority of the job cuts will affect the company’s sites located in the United States, while around 1,000 job cuts will be implemented at European sites. Whirlpool has around 73,000 employees worldwide, of which 14,000 are employed in Europe.
Whirlpool Corporation is the world’s leading manufacturer and distributor of domestic appliances, with more than 72 manufacturing and technology research centers around the world. It has several brands, such as Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp and Bauknecht.
Sources
29 October 2008: La Repubblica
Citation
Eurofound (2008), Whirlpool, Internal restructuring in World, factsheet number 67309, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67309.
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